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Tariff uncertainty muddies Amazon Prime Day delas
CNBC Television· 2025-07-08 14:41
Amazon Prime Days have arrived and consumers will be hunting for bargains, but will they find any. Courtney Reagan joins us now with more. Sort of the question everybody always asks, right.I mean, how good are the Prime Day discounts. And like usual, it's sort of hard for me to tell you that exactly for a variety of reasons, but this year it's actually a little bit harder because of the possible tariff influence makes it murkier. But here's what we know.Amazon CEO Andy Jasse told our Jim Kramer that prices ...
President Trump delays higher tariffs
CNBC Television· 2025-07-08 14:34
company's CEO, Kirk Tanner, is departing to take the top job at Hershey. >> Let's get to Washington this morning. Our Megan Cassella joins us with the latest on tariffs and what we might expect today and in the very important coming days Megan good morning.>> Hey good morning guys. So the president has now formally extended the deadline for all of those so-called reciprocal tariffs from July 9th tomorrow to the end of the month. So there's country specific tariffs that were supposed to take effect tomorrow ...
President Trump on August 1st tariff deadline: 'Firm, but not 100% firm'
CNBC Television· 2025-07-08 14:30
We've talked to most of the countries and pretty much they've had their way for many many decades as you know and it was time that we just wanted fairness. This is uh not really equitable from our standpoint because it's just a small token by comparison to the damage that's been done over the years. But we had no other president that was willing to do this.I did it my first term with China and others. We took in hundreds of billions of dollars of tariffs. No inflation.the most successful period of time that ...
Cramer's Stop Trading: Capital One
CNBC Television· 2025-07-08 14:25
It's time for Jim to stop trading. A bunch of things. First, congratulations to Michael Semlas.20 years in the market. I think that that is probably the most important influential uh piece of paper I've got in my hands. Agreed.Uh now I upgrade Capital One this morning, TD Cowan. That's very important. That's a big uh position for the uh the cap for our club. And we have our annual meeting for the club with a live stream on Friday.I think people will enjoy it. And we have flex on tonight which is like with C ...
Markets are focused on 'Goldilocks' scenario amid new Trump tariffs: PCM's Garcia
CNBC Television· 2025-07-08 14:20
Are stocks primed for a second half surge or a disappointing six months ahead. Let's ask Trivariat founder and CEO Adam Parker, New Edge Wealth's Cameron Dawson, and Payne Capital Management's Courtney Garcia. Adam and Court are CNBC contributors.Welcome one, welcome all. All right, so we're reminded today, well, the tariff stuff's still out there. I mean, the market's not reacting all that terribly, is it.No, not really. I I mean if you go through the details I don't even know if anybody understands the di ...
Hidden items in Trump's megabill
CNBC Television· 2025-07-08 14:13
Trump's 870 page mega bill is now law, but a lot of people are still combing through the bill to figure out exactly what is in it. So, here are three winners of the bill that you might not have heard of before. Number one, your wireless carriers.AT&T, Verizon, T-Mobile, all of them are winners because the FCC is about to begin to reopen auctioning off the spectrum. Basically, giving these companies the chance to broadcast over new signals. This can help with things like 5G.And AT&T said in a statement after ...
LIVE: President Trump participates in a Cabinet meeting at the White House — 7/8/2025
CNBC Television· 2025-07-08 14:05
President Trump participates in a Cabinet meeting at the White House on Tuesday. At least 14 countries’ imports are set to face steep blanket tariffs starting Aug. 1, President Donald Trump revealed Monday. The president, in a series of social media posts, shared screenshots of form letters dictating new tariff rates to the leaders of Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos and Myanmar. Later in the day, he shared another set of seven letters, to the leaders of Bosnia and Herzegovina, T ...
Cramer's Mad Dash: Hershey
CNBC Television· 2025-07-08 13:57
Time now for Kramer's Mad Dash as we countd down to the opening bell got some shakeup in the food business. Yes. Uh Kirk Tanner, who just actually uh I don't know a year uh to took the Wendy's job now out going to Hershey, which is I think is a big step up. The Hershey franchise is a lot uh a lot stronger than the Wendy's franchise. Ken Cook, the CFO of Wendy's, moves over to the uh CEO, uh Michelle Buck, is retiring.I've got to tell you, Carl, uh, if we put up a chart of Hershey, of Wendy's, I don't want y ...
Opening Bell: July 8, 2025
CNBC Television· 2025-07-08 13:57
I think that he does favor a higher stock price. And then Morgan Stanley, uh, Adam Jonas, he's doing what I keep saying is going to have to be the pivot. This is a humanoid company that sells cars, particularly because everyone's now saying, "Listen, BYD is killing everybody." And the only reason why we're not uh all Chinese is because of tariffs.So, I don't know. I the the sun seems to be setting on the car which I find odd but because this country we don't we have power protection but it's time to go all ...
Watch CNBC's full interview with Council of Economic Advisers Chair Stephen Miran
CNBC Television· 2025-07-08 13:21
White House Council of Economic Adviserss Stephen uh Myron and um okay maybe now but they're going up any any time now. Uh Stephen, one of these CPI or PPI prints is going to be frightening because of tariffs. No, we've been waiting and waiting and you're telling me that that prices have actually been declining.Good morning. Thanks for having me. Yeah.So what we did was we looked through the details of the PCE inflation data and CPI2 and then at every good in those data we looked at its subcomponents and so ...